Currently viewing the tag: "Finance"

The Windy City Trader 4/15/14

On April 15, 2014 - 11:51 AM By

Hello Fellow Traders, Happy Tax Day everyone. I never thought I would use happy and tax day in the same sentence. Let’s see now, I can hold on to my money for another 13 hours or so then give it to Uncle Sam to waste it as he sees fit. This Week’s Commentary Metals: Gold [...]

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By Moming Zhou | Bloomberg Brent crude dropped from a five-week high as Libya’s National Oil Corp. prepared to resume exports from its Hariga terminal. West Texas Intermediate slipped below $104 on U.S. inventory forecasts. Brent’s premium to WTI shrank. A tanker will arrive at the port in eastern Libya today to load 1 million [...]

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By Christian Berthelsen | The Wall Street Journal Crude-oil prices fell Tuesday on concerns that Chinese energy demand could wane following recent data and as diplomatic talks about Ukraine eased worries about possible supply disruptions. Light, sweet crude for May delivery was down 12 cents, or 0.1%, to $103.93 a barrel on the New York [...]

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Morning Grains 4/15/14

On April 15, 2014 - 10:15 AM By

Crop Progress Date 13-Apr 6-Apr 2013 Avg Cotton Planted 8 6 8 9 Corn Planted 3 2 6 Rice Planted 25 15 22 31 Rice Emerged 9 12 12 Sorghum Planted 20 11 23 21 Sugarbeets Planted 5 12 Oats Planted 9 38 47 Winter Wheat Headed 5 4 Spring Wheat Planted 6 5 Barley [...]

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Morning Softs 4/15/14

On April 15, 2014 - 10:10 AM By

COTTON General Comments: Futures were higher in nearby months, but lower in deferred months. The price action overall has not been real strong, but Bulls seem unwilling to give up. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market has seen selling due to reduced [...]

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The Corn & Ethanol Report 4/15/14

On April 15, 2014 - 9:12 AM By

Good Morning! In the overnight electronic session the May Corn trading at 499 ¾ which is 3 ½ cents lower. The trading range has been 503 to 499 ¼ so far. The market seems to be easing after recent gains and is a testing a support level as we enter this planting season and play [...]

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The Energy Report 4/15/14

On April 15, 2014 - 9:10 AM By

Ukraine on Tap! Reports that Ukraine may start military operations may turn around a market that was all of a sudden pricing in diplomacy. A meeting in Switzerland may be doomed to fail as reports that the acting Ukrainian President has said that a military operation to regain control of cities in the eastern Ukraine [...]

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Morning Grains 4/14/14

On April 14, 2014 - 10:44 AM By

WHEAT General Comments: Wheat closed mostly a little lower on some long liquidation before the weekend. Egypt bought wheat from East Europe and Russia to cause some selling in Chicago. Mineapolis closed a little higher on forecasts for cold weather and precipitation for at least the first part of next week that could delay fieldwork. [...]

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Morning Softs 4/14/14

On April 14, 2014 - 9:08 AM By

COTTON General Comments: Futures were unchanged to higher as worried about demand in the near term went against bad planting weather in the US. Demand is a problem as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be sharply curtailed in the coming months. [...]

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The Corn & Ethanol Report 4/14/14

On April 14, 2014 - 8:59 AM By

Good Morning! In the overnight electronic session the May Corn is currently trading at 502 which is 3 ½ cents higher. The trading range has been 504 to 497 ¾ so far. As we head into planting season we will be watching weather patterns and especially concerned with freezes in the A.M. hours. On the [...]

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The Energy Report 4/14/14

On April 14, 2014 - 8:57 AM By

Ukraine Heats Up! Rising tensions in Ukraine, violence and the possibly the Ukraine government is getting ready to act against rebels has oil and wheat rising. Gold hit a 3 week high and is gaining on silver as systemic risk rises and fears that a conflict could slow the economy. The Ruble is rubbish. Palladium [...]

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By Steve LeVine | Quartz Oil prices have fallen again today thanks in part to a deal this week between Libya’s government and a separatist-minded militia that allowed a key oil terminal to reopen. But there is the potential for an even sloshier market—and lower prices—starting later this month with the largest US exports of crude and oil products in [...]

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